Short Interest in Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) Decreases By 25.0%

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY - Get Free Report) was the target of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 300 shares, a decrease of 25.0% from the October 15th total of 400 shares. Based on an average daily trading volume, of 1,700 shares, the days-to-cover ratio is currently 0.2 days.

Mitsubishi Chemical Group Trading Up 0.6 %

Shares of Mitsubishi Chemical Group stock traded up $0.16 on Friday, reaching $26.86. 2,348 shares of the company were exchanged, compared to its average volume of 1,982. The stock has a fifty day moving average price of $29.76 and a 200-day moving average price of $28.74. The firm has a market capitalization of $7.64 billion, a price-to-earnings ratio of 12.67 and a beta of 0.37. The company has a current ratio of 1.30, a quick ratio of 0.81 and a debt-to-equity ratio of 0.68. Mitsubishi Chemical Group has a fifty-two week low of $25.16 and a fifty-two week high of $34.45.

Mitsubishi Chemical Group (OTCMKTS:MTLHY - Get Free Report) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.03 earnings per share for the quarter. Mitsubishi Chemical Group had a return on equity of 4.03% and a net margin of 2.07%. The firm had revenue of $7.48 billion for the quarter.

About Mitsubishi Chemical Group

Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. It operates in five segments: Specialty Materials, Industrial Gases, Health Care, MMA, and Basic Materials. The Specialty Materials segment offers performance polymers, soarnol, gohsenol, sustainable polymers, and engineering plastics; coating materials, additives, and fines; packaging, industrial and medical, acetyl, and polyester films; engineering shapes and solutions, carbon fiber and composite materials, and fibers; aqua, life, and infrastructure solutions; and semiconductor, electronics, and battery materials.